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WOW !!!
Topic Started: Feb 12 2014, 10:09 PM (466 Views)
Stangfreak
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Convertible
It's tax time again and I just finished up figuring all that crap up, so one a sideline, I decided to total up the records from ebay, stores, and private purchases since Jan 15th to today, Feb 12th... I have spent a total of $406.11 on 55 diecast cars. This averages a total of $7.38 per car... What do you guys think ? Is this too much to pay for JLs, 100% HWs, GLs, M2s, AWs and Yatming preimums ?
I have only purchased 4 - 1 dollar HWs and MBs for myself out of all these cars... Thing is, this has run an average for me for years. I do quite a good business on ebay selling trailers, dio stuff, customs and cars. My "NOW" ex-wife rode me for 20 years about spending way too much on this hobby, but my defense is what I bring in from ebay ,side jobs, and gigs was my money... I averaged $84,000.00 a year towards household bills, car payments, utility payments, and general family support from my tile construction business... How do you guys regulate your hobby enjoyment ?


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craftymore
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Support your local demo derby.

Ultimately it's your money and you're pleased to do with as you see fit. I'm sorry to hear you are now single Steve. I know for many the hobby takes on a new and larger meaning in their life. If you're loosing relationships over it then perhaps it's time to stop and slow down. Take a second look at what your priorities are. Sometimes you may just have to take a month or so off and not buy anything. It's not easy.
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Harvestman
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Captain Slow
I'm undergoing a bit of a money issue as well...hence why I'm selling some stuff on here.

I spent a lot more on the hobby a few years ago, when I was on a board with (at the time) a more active selling community. I remember spending about $200 on one of poorvanner's sales a few years ago!

You do have to realize, though, that the money could probably be used for better things than diecast cars. To me, a hobby is one of the things you partake of with the money you have left...
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Emptywallet
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Minivan
Hey,400 bucks spent on diecast is better than blowing it at a bar or a strip club,at least you have something cool to look at for more than 1 night!!!I generate money for this hobby on Ebay with the wife selling anything we can make money off of.Im a bit picky when it comes to what I add to the stash so as of late I havnt been spending much at all.Thanks to recent headlines most of my spare money goes to medical ins,so not much left for little cars.
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SeberHusky
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Station Wagon
I never totaled how much I spend, but it's probably could have bought a used Camry. lmao

As long as you don't go spending 10 or 20 grand a month, I think you're safe. I only make about $12 or $13,000 a year, considering that, I don't think you have anything to worry about! As long as you still got income going in, you are allowed to spend whatever suits your fancy.
What was that saying? "Too much is never enough!" :-)
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James
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Mr.Bowtie
I guess the limt level depends a whole lot on what else is happening in your life,

1. Are all the other expenses being dealt with in a timely matter?
2. Are all other family members meeting their needs? Can you help them out?
3. Is their enough left to enjoy some extras wife spouse and family?
4. Are you putting enough away for a rainy day and retirement?

Is the answer yes to the above, then 400$ a month is not necessarily unreal, It is more then I can afford, but we are saving to put a new roof on teh old house this summer, so I think I only spent 50 or 60 $ since the new year on diecast, On the other hand that just about cleans out Wally (my only source of diecast locally) of everything I would ever want thats issued right now.
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jedimario
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RAWR
It all depends on what you want to spend the money one. If $400 is average, that's more than 5% of your pre-tax income. If Uncle Sam takes his part, that's a good bit more than 5% of the money you actually get to use. If die-cast is all you do for fun, that seems reasonable...but is that all she wanted to do for fun? There might not've been much room for her left if there was no other income. I know it shouldn't be about the money, but you still have to have money to do most anything today...
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Douglas
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SUV
I'm sure each of us uses a different evaluation on the how much we spend on our hobby and whether we dip into our household budget or if only to buy from extra money we had available. You wouldn't think anybody would do that, but I think many of us had spent money on our hobby we realized we probably shouldn't have that month. :duh: ....not that I'd ever done that. :D


For me, due to tough financial times I realized I don't like as many of the new diecast as I once did, or at least I learned to do without and to put much more thought into deciding how much I really like a model I'm considering....and then there is the fact that I don't have any space for more toy cars either, to make that decision easier, but there was a time I didn't have to be so concerned about spending, although I was always pretty frugal with my hobby.
Edited by Douglas, Feb 13 2014, 07:04 PM.
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JustDavid
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SUV
Seems like money is tight all around... Since the cost of living life has gone up, I've toned down my purchases.

Steve...I'm sorry to hear about the divorce. I wish you well.
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gtr_5155
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Compact
SeberHusky
Feb 13 2014, 06:15 AM
I never totaled how much I spend, but it's probably could have bought a used Camry. lmao

As long as you don't go spending 10 or 20 grand a month, I think you're safe. I only make about $12 or $13,000 a year, considering that, I don't think you have anything to worry about! As long as you still got income going in, you are allowed to spend whatever suits your fancy.
What was that saying? "Too much is never enough!" :-)
The saying is "Nothing excels like excess"
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78Gremlin_GT
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The Gremlin Guy
My wife is on me as well to downsize my collection. I've never let it interfere with paying bills or my main financial responsibilities. My wife calls me a hoarder, not a collector, as most of my "collection" is in boxes ( at the moment ). But I have more than a few displays around the house, too. I just hadn't had money to buy shelving, etc until last year, then I spent most of it on necessities ( and paying off $10k of the wife's bills, 3k towards a Sky convertible for her, over $10k to buy a second home her son and his GF could "rent" from us ), so it's not like I don't spend it on her, either. I'm just sick of her constant complaints about my hobbies ( also heavily into model trains ). Yes, they take up lots of room in the house, my basement is flooded with boxes of trains and diecast. I'm cleaning out stuff now to sort through all of it, but still, it's my hobby. I'd say if you are making 94k a year, and keeping up with all your financial commitments, you have no reason to be ashamed of any personal commitment to your own hobby interests. I don't drink, smoke, gamble, or run around on my wife, so I feel my money is mine to spend how I want to.

Jerry
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69ch
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General 01
See a lot of questions from the author,which is understandable at a time like this.Divorce after 20 years is no easy matter even though it sounds like both parties in this case were miserable.

Honestly I dont think it has so much to do with spending money on the hobby unless mortgage payments dont get paid (Been there done that). Its more about the time involved in front of a computer,taking pictures etc and finding ways to come up with extra cash to collect more cars.

To those who dont understand the ... ummm ... Lets just call it a sickness lol,it can sometimes be frustrating for outsiders to grasp the scope of the situation.Its justified by saying well at least Im not doing this or that and also we like to think our collections have value.

At the end of the day we cant eat our toy cars nor will they keep us warm in bed at night.That said find a mate who enjoys the same interests,or will at least embrace the ones you like.Hey the single life can be fun too!

Anyways Steve hope this helps in some small way.Sometimes stepping back and taking a break for a minute does a world of good.

Regards
Eric
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realgone58
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Station Wagon
With your ratio of what you brought in and what you used for diecasts, I'd say you did a heck of a lot better than me!!
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clem24
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Station Wagon
Hahaha if you want to talk numbers, I think me spending over $110 to acquire the Tomica Limited car carrier puts your $7/car to shame.
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69ch
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General 01
clem24
Feb 14 2014, 06:11 PM
Hahaha if you want to talk numbers, I think me spending over $110 to acquire the Tomica Limited car carrier puts your $7/car to shame.
Gee,guess its all relative.The most that I ever heard of being spent for a single toy car is a reported 72K for one of two known Hot Pink Redline Rear Loader Beach Bomb.The most I personally paid was 12 hundred for a Hot Pink Redline Olds 442.

Eric
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